Wall Street’s main indexes trade little changed on Thursday. US stock markets will close early on New Year’s eve. S&P 500 Energy Index is down nearly 1%. Major equity indexes in the US started the day near Wednesday’s closing level as trading volume remains thin on New Year’s Eve. As of writing, the Dow Jones
Up $0.40 or 0.83% The price of WTI crude oil futures are settling at $48.40. That’s up $0.40 or 0.83%. The high price reached $48.66. The low price extended to $47.61 Looking at the daily chart for the February contract, the high price for the year was on January 3 at $57.68. The low price was
The winners and losers among the major currencies space in 2020 It has been a long and weary year with plenty of twists and turns along the way but here we are, wrapping up the final day of a historic 2020. Everything that we knew about the year was completely eviscerated in the first three
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bitcoin price quickly climbs to $31,000, liquidating $100 million of
oil’s history ends, a delicate task now confronts OPEC+. The alliance of producers led by Saudi Arabia and Russia must decide whether it can continue to restore crude supplies without capsizing the price recovery they spent most of 2020 working to achieve. Moscow believes that the group — which slashed output during the pandemic —
Spot silver prices are off highs set during Asia Pacific trade and thus trade lower on the day. The technical picture looks bullish, however, though further gains are likely to wait until January. Spot silver was the best performing precious metal in 2020 after years of underperformance. Spot silver (XAG/USD) prices broke to the upside of
The AUD is the strongest As 2020 winds to a close, the USD is ending as the weakest with the AUD as the strongest. The greenback fell nearly -9.8% vs the AUD as Australia was relatively little impacted by coronavirus. The rise in commodity prices helped the AUD currency as well. The USD had bouts
Weekly US initial jobless claims data Prior was 803K (revised to 806K) Continuing claims 5219K vs 5390K expected Prior continuing claims 5337K PUA claims 308K vs 397K prior Total claims 19.564K vs 20.368K prior Full report This is for the week ending December 26, which is obviously impacted by holidays and very tough to forecast
LONDON: Members of the OPEC group of oil producers and their partners will meet via videoconference on Monday to decide on production levels for February, hoping to turn the corner on a difficult year. The OPEC+ ministerial meeting comes after oil consumption tanked in 2020 due to the Covid-19 pandemic and a price war between
EUR/USD is posting modest daily losses on Thursday. Profit-taking ahead of the New Year holiday seems to be weighing on the EUR. EUR/USD is up more than 2% for the second straight month in December. After closing the previous four trading days in the positive territory, the EUR/USD pair edged slightly lower on the last
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Nasdaq the big winner in 2020 The S&P and Dow are closing at record levels at the year end. The Nasdaq led the charge in 2020 with a gain of 43.64% That was the largest gain since 2009 S&P was up 16.26%. Since 2010 the S&P is up 240% 57% of the gain in the
2020 was a wild year in European equity trading European bourses closed out the year with a whimper, falling across the board: UK FTSE 100 -1.45% German DAX -0.3% French CAC 40 -0.9% Italy MIB -0.1% Spain IBEX -1.0% On the year, there was some wide divergence in performance,, with UK stocks posting the worst
The Bitcoin (BTC) price claimed another all-time high on Friday, this time against gold, offering further confirmation that demand for digital assets is on the rise. As Bitcoin zipped past $29,000 on Friday, the digital currency reached a high of 15.40 gold ounces, surpassing the previous peak from Dec 2017, according to MarketWatch data. Bitcoin
Gold was marginally down Rs 20 to Rs 49,678 per 10 gram in the national capital on Friday, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 49,698 per 10 gram. Silver also declined Rs 404 to Rs 67,520 per kilogram from Rs 67,924 per kilogram in the previous
GBP/USD is finishing the year on the front foot amid a weaker USD. Sterling traders continue to mull the themes of UK lockdowns, vaccination and continued Brexit negotiations into 2021. GBP/USD is finishing the year on the front foot, with the pair crossing above the 1.3650 mark for the first time since May 2018 and